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Glencore reopens one of the world’s largest cobalt mines
Glencore could reopen its Mutanda Mining copper and cobalt project in the Democratic Republic of Congo by the end of 2021, about two years after leaving the mine idle. Congo's new mining minister, Antoinette N'Samba Kalambayi, met with representatives of the Swiss...
Europe takes steps to reduce dependence on China
Speaking at the summit of the European Raw Materials Alliance, European Commissioner for the Internal Market, Thierry Breton, expressed concern about the EU's dependence on third countries for 99 products, primarily raw materials (supply of rare earths, 98% of which...
Serbia could become the second European copper producer
Serbia's Zijin Mining, a wholly owned subsidiary of Zijin and backed by China, has received permission from the Serbian government to begin mining operations at the Cukaru Peki copper and gold mine, part of the Timok project, in the eastern part of the country. The...
According to Watum, the cobalt “bubble” will soon burst
According to the head of the Democratic Republic of Congo's chamber of mines, Louis Watum the demand for cobalt is a bubble that will burst when new battery technology reduces the need for the metal. Congo holds more than half of the world's cobalt reserves, but the...